Insurance: Women Are Safer Drivers

Though women drivers are often the objects
of jokes or curses, the joke is really on the men. Two British
companies are offering lower insurance rates to women. The Royal
Automobile Club last month reduced its premiums by 10%; the Zurich
Insurance Co. had already cut its rates by 20%. U.S. casualty
companies, whose executives admit that women are better risks than men,
are not nearly so generous. Many of them offer 10% discounts to women,
but only to those aged 30 to 64 who are the sole operators of their
cars.